BMW moves some engine production out of UK over Brexit fears

BMW Manufacturing of engines destined for South Africa plant is switched to Germany Engine production at BMW’s Hams Hall plant near Birmingham in 2015. Photograph: BMW press office BMW has moved some of its engine production out of the UK because of Brexit uncertainty. The carmaker said it had switched manufacturing of engines destined for… Continue reading BMW moves some engine production out of UK over Brexit fears

Tesla CEO Elon Musk pours cold water on fans waiting for Model S, Model X refresh

Elon Musk, co-founder and chief executive officer of Tesla Motors.Yuriko Nakao | Bloomberg | Getty ImagesTesla CEO Elon Musk said on Twitter Monday night that the company is planning “a series of minor ongoing changes” for its older Model S and Model X vehicles, but not a major refresh.
Musk's declaration follows the departure of Tesla's former vice president of production, Peter Hochholdinger, who oversaw Model S and X manufacturing during his tenure there. Hochholdinger has joined Lucid Motors, a would-be Tesla competitor that plans to ship its first electric vehicle next year. Lucid CEO Peter Rawlinson was previously the chief engineer of Tesla Model S.
In May, Tesla employees told CNBC the company was then planning a Model S refresh that would potentially include a 400-mile range battery — a goal that Musk later nodded to during a shareholders' meeting, although he didn't say it would be for the Model S — and could use Model 3 seats. They also said Tesla was rejiggering its Fremont, California, factory to make way for the refresh and for production of its upcoming Model Y crossover.
While plans for the Model S refresh have been reined in, changes at the Fremont plant are underway, according to a passel of new filings with the City of Fremont.
Specifically, the filings reveal that Tesla aims to overhaul its body-in-white and paint facilities and equipment in Fremont before embarking on its next phase of electric vehicle production.
Musk promised that Tesla would deliver between 90,000 and 100,000 vehicles for the second quarter of 2019, and this time, his forecasting was right on target with Tesla reporting deliveries of 95,200 cars to customers for the second quarter.
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England.John Keeble | Getty Images News | Getty ImagesWaxing optimistic about demand in its production and deliveries report last week, Tesla stated:
“Orders generated during the quarter exceeded our deliveries, thus we are entering Q3 with an increase in our order backlog. We believe we are well positioned to continue growing total production and deliveries in Q3.”
However, the company did not specify if “orders generated” included those for vehicles besides their Model 3, S and X. Tesla has already begun taking orders for its Model Y, which is a crossover SUV, and for its electric Semi. It has a Roadster refresh and Tesla pickup in the works, as well.
None are in commercial production yet.
On its existing lines, Tesla produced a record87,048 electric vehicles during the second quarter of 2019. Tesla's earlier record was in the fourth quarter of 2018, when it produced 86,555 vehicles.
Company executives have repeatedly stated that Tesla expects to deliver at least 360,000 vehicles to customers in 2019, meaning they have to deliver 201,650 to hit their own guidance in the second half of the year.
That will require production to ramp significantly beyond previous levels.
WATCH: Elon Musk says Tesla will have 'robotaxis' on the road by 2020
VIDEO1:2601:26Elon Musk says Tesla will have 'robotaxis' on the road by 2020The Bottom LineFollow @CNBCtech on Twitter for the latest tech industry news.

The new Mini Electric has been a decade in the making

It’s nearly a decade since the field trials of the Mini E prototype in the UK. Loaned to selected members of the public (as well as in other countries including the US and Germany), it was an experimental car that lost its rear seats to make way for a battery pack.  Much of BMW’s interest… Continue reading The new Mini Electric has been a decade in the making

Volkswagen ID 3: new Nissan Leaf rival seen barely disguised

[embedded content] The company says it has received pre-orders for more than half of the launch edition versions of its Renault Zoe rival. Customers in 29 European countries have been able to pay a deposit to pre-book one of the 30,000 examples of the ID 3 First models, which will feature a WLTP-certified range of 261 miles… Continue reading Volkswagen ID 3: new Nissan Leaf rival seen barely disguised

UK government invests £37m in twelve EV charging projects

The UK government has confirmed investment in twelve British engineering projects to “transform electric charge-point infrastructure”.  The £37 million fund, which was announced last year as part of the government’s Road to Zero strategy, is now allocated to support innovations including wireless charging for EVs.  Urban Foresight, a “smart city consultancy”, has been given £3 million so… Continue reading UK government invests £37m in twelve EV charging projects

Ferrari one-off models have five-year waiting list

The growing trend for one-off Ferraris is in response to clients’ increasing demands for extreme personalisation, says Ferrari commercial and marketing boss Enrico Galliera. Such is demand, Galliera says unique models “have the longest waiting list of all our product lines” at four to five years. “The client has not only a unique car but… Continue reading Ferrari one-off models have five-year waiting list

The Peugeot e-Legend, inspired by the legendary 504 Coupé, exhibited at Sochaux

There is only one in the world and it will be present at the Peugeot Adventure Museum in Sochaux, from Tuesday, July 9 to July 16. The e-Legend Concept, inspired by the mythical 504 Coupé of the late 70s, will return to the museum from 23 July to 18 August. The concept car had caused… Continue reading The Peugeot e-Legend, inspired by the legendary 504 Coupé, exhibited at Sochaux

BMW unveils the first all-electric Mini with the Cooper SE

The all-electric Mini Cooper was once just a demonstration car and a dream for EV fans, but now it’s a car people will actually be able to buy, with truly competitive range and a ground-up purely electric drivetrain. The new Mini Cooper SE is the brand’s first purely electric small car, with a range of… Continue reading BMW unveils the first all-electric Mini with the Cooper SE